The phrase “adjusted gross income” sounds pretty dull. But it’s actually the most important single number on your tax return. If you don’t understand what it is, you may end paying more taxes than you need to. Let’s go over what it is and how to calculate your adjusted gross income.
If you’re lucky enough to get a tax refund, it’s a nice infusion of cash. It’s easy to want to spend it on something lavish or fun. But as a small business owner, you can invest your tax refund in your business and have it compound in value. Take a look at these tax refund spending ideas that can help grow your business and your wallet.
Those who are getting ready to file their taxes typically look forward to the process about as much as a trip to the dentist for a thorough cleaning.Keeping your business receipts can make this a much easier process. Let’s go over why and what receipts you should save.